Dubai Creek Harbour Update

Several sources, including the Khaleej Times, reported that Emaar Properties’ Dubai Creek Harbour will start welcoming its first residents early next year, with the first homes to be delivered in Creek Island Dubai. The first part of Creek Island Dubai opening will be a six-tower residential development with 872 apartments called “The Dubai Creek Residences,” which was 90% complete this summer. The waterfront destination is planned to “bring island living” to more than 33,500. Other parts of the complex include Creek Marina, home to the Vida Harbour Point, a 286-room upscale hotel, to open in 2019; residential developments Creekside 18 and Harbour Views, with 1,262 apartments, to be completed in the first half of 2020; Creek Horizon, with 556 apartments, due for handover in mid 2020; and low-rise waterfront building The Cove, with 276 apartments, to be delivered in the first half of 2020.

Approximately 15% of work on other upcoming residential developments in Creek Island Dubai had been completed this summer. Handovers are expected throughout 2020. They include:

• Creek Gate (490 apartments)
• Creek Rise (543 apartments)
• Harbour Gate (505 apartments)

62-Story Residential Tower for Western End of Canary Wharf

Newfoundland, a 62-story skyscraper housing 636 apartments, retail and amenities, is set to open on the western end of Canary Wharf in London in December, The Telegram reported. According to Canary Wharf Group, a joint venture of Brookfield Property Partners and Qatar Investment Authority, the tower provides a counterbalance to the primarily office landscape, with architecture by Horden Cherry Lee befitting its prominent spot on the skyline. Residents will have easy access to public transit and enjoy city views through floor-to-ceiling windows. A Canary Wharf Group spokeswoman shared that, despite the U.K.’s and Canary Wharf ’s close ties to Canada, the tower’s name is from a parking lot the developer was surprised to find out it owned, making it “new found land.”